#Bitcoin

The Bitcoin Foundation’s meeting with representatives from a number of US government departments yesterday was productive and encouraging, according to Patrick Murck. Murck, who is general counsel for the Bitcoin Foundation, said all parties at the meeting had a “productive and frank” discussion about digital currency. “It was a positive first step for the industry in creating an open and on-going dialog. I left feeling very encouraged that we were able to dispel some myths and misinformation about how the bitcoin protocol works.” Another attendee, Jim Harper, director of information policy studies at Cato Institute, shared this sentiment. He said a number of topics were discussed at the meeting, which was held at US treasury building in Washington DC, including privacy, law enforcement and how government controls have the potential to strangle the industry before it has e...